1️⃣First Council Review: UMY Stability

Note: Here are the proposals that were PASSED by DAO in the first council. We will prioritize the execution of proposals according to their urgency.

1.Proposal for a UMY-BUSD LP Staking Farm Pool

Karastar should prompt more ways to protect the price of UMY. Karastar should create NEXT Staking Farm Pool project, a UMY-BUSD LP Staking Farm Pool. Compared with BNB, BUSD is a stable coin that allows investors’ earnings to increase steadily. Stake UMY-BUSD LP tokens to earn $KARA tokens can help to stabilize the price of UMY, and the staking tokens should be locked longer than 15days. We can exchange a part of BNB (no more than 1500BNB) from DAO foundation into BUSD and create the pool. This is urgent because UMY’s massive mining has caused the price to drop.

2. The game adds more NFT items, but it requires $UMY to purchase.

The game adds more NFT items, but it requires $UMY to purchase. For example: Increase the level or experience of the NFT; Change the NFT of skills; Purchase land or land-related NFTs to prepare for the future; Increase KARA’s temporary attack/defense and other numerical bonuses for 30 minutes or more time; There are more, as long as it can drive the economic cycle of $UMY, spend more time, but can earn more income, please use your imagination…

3. Spend UMY for enery

Purchase minimum of 5 energies at the cost of xx UMY per energy, totaling to xxx UMY + fee every purchase. This way, players can continuously grind for EXP and also gain a little of their spent UMYs by winning. Players can discuss the amount of UMY per energy on the comment section.

4. Captcha To Control UMY in-game reward Hacks, Captcha On entering every match (PVE or PVP), To control the illegal UMY supply

Captcha before entering any battle will prove that it is only a human who is playing, no extra script needed to prevent botting, no extra hardwork. Stopping illegal oversupply will keep the price in control a bit.

5. The Kara Skills Wheel

Create a mini-game, like a wheel of fortune, with items or skills card upgrades as prizes, also possible not getting any, or maybe win some $UMY or $KARA, or draw again bonus and use UMY as entry fee. This should encourage more UMY transactions (spending) which contributes to a more healthy UMY economy.

6. About UMY

a. Use UMY to reset skill cards.

b. Use UMY to transfer experience and level to another NFT in one account.

c. Launch the other one PVP — kara arena. level 1 only, Fair competition. Use UMY to enter. Earn points to redeem for prizes.

7. Propose to hire top game streamer in Philippines and Make them karastar scholar. For promotion of our beloved game

8. Make another usage of $UMY

create a shop on marketplace that can buy using $umy some elixir, potion, gloves, boots or necklace for additional stats of KARA pet to make him powerful.

9. Stabilize the price of UMY

10. buyback umys to get roi of investors

11.Umy to buy kara NFTs make the price increase ???

12. Disallow the use of bots/scripts/third-party apps

Usage of such “cheats” makes the game less player-driven and allows the continuous and inorganic dumping of UMY on the market.

13. Adjust the required UMY for breeding/evolution every month

If the current price of UMY is low, require higher amount of UMY. If current price is high, require less amount of UMY.

14. In airdrop events, only players with minimum of 3 NFTs should be eligible to receive the airdrop

This will prevent mass dumping since those with 3 NFTs will think to use it for breeding/evolution rather than those without NFTs (not players at all) that would just think of dumping the UMY.

15.Multi-accounting is not a problem. Botting using script is ban.

Multi-account is likey having additional scholar on yourself if you can play it. The more players using kara the better for the economy increase buying kara, evolving karas, & eating kara. More breeding and burning umy. Botting using script to auto play is ban.